Finance | 25 April, 2025 at 4:00 PM
EIB funds PGE's renewable energy expansion
European Investment Bank and PGE Polska Grupa Energetyczna seal new financing agreement worth over €525 million.
European Investment Bank and PGE Polska Grupa Energetyczna seal new financing agreement worth over €525 million.
PGE Polska Grupa Energetyczna is placing a strong emphasis on energy storage as part of its long-term strategy.
PGE Polska Grupa Energetyczna has contracted LG Energy Solution Wrocław to build a 262 MW, 981 MWh electricity storage facility in Żarnowiec, valued at €372 million. Completion is expected by Q2 2027.
Ørsted and PGE have reached a final investment decision (FID) for the 1.5 GW Baltica 2 Offshore Wind Farm.
The energy transition is a central priority for ENGIE, both worldwide and in Romania.
OMV Petrom announced that starting this year, its sustainability reporting will be integrated into the company's Annual Report.
European Investment Bank and PGE Polska Grupa Energetyczna seal new financing agreement worth over €525 million.
Ingka Investments, the investment arm of the Ingka Group – the largest IKEA retailer, has inaugurated its first solar park in Poland, reinforcing the commitment to the renewable energy transition.
Hidroelectrica has signed a contract for the purchase of its first Li-ion battery energy storage system, which will be deployed at the Crucea Nord Wind Farm.
